tv Risk and Reward With Deidre Bolton FOX Business December 15, 2015 5:00pm-6:01pm EST
6 billion in retail. don't trust fan reviews. because they're fans. real reviews come out tomorrow. but you will not trust them. >> going no matter what. don't care what people think. that's bit. david: that does it for us. "risk & reward" starts now. >> i'm calling to you inform you that i've been directed by the superintendent to close overland elementary, future threat to all lausd schools. we have been instructed to turn the students away for their own safety. deirdre: email threat traced back to an i.p. address in germany forces all los angeles schools to shut down. this is "risk & reward." i'm deirdre bolton. after the san bernardino massacre, the l.a. superintendent decides to keep kids at home. >> i know it is cold. we're making every effort to see that we get notification to parent as soon as possible. but i am not taking the chance
of bringing children any place into, into any part of the building until i know it's safe. deirdre: the threat sent via email said backpacks and other packages were primed to explode. fox business's ashley webster with me now. ashley, what is the latest? reporter: it is interesting. i can tell you the very latest. according to democrat california congressman adam schiff who is on the house intelligence committee he says he has been to a briefing says that the threat both in los angeles and one that was sent to new york was a hoax, or at least something designed to disrupt school districts in very large cities. we know the l.a. school district, the second biggest in the country, new york being the first. having said that, the l.a. school district, the unified school district defending its decision to close 900 schools plus another 117 charter schools. that is more than 1,000 schools. 600,000 students to stay home.
what we understand they remain closed until further notice. the school district saying they are going through each school, a walk-through as they say. they say they won't reopen until they are comfortable and satisfied that they are safe. now, that said, new york has been somewhat more strident in its response to an email is received as well essentially making the same threats. but new york police commissioner bill bratton said it was clearly a prankster a threat. we're not keeping our kids from going to school and we'll not have a knee-jerk reaction, perhaps an overreaction. that does not sit well with los angeles especially l.a. police chief charlie beck who said, you know what? easy for you to say but you don't have to live with the consequences of your decision. but that said, the latest word, deirdre, it appears to be hoax. deirdre: ashley, thanks very much. >> sure. deirdre: as ashley mentioned,
email terror threat along with numerous districts around the country. new york city determined the threat that was not credible for new york. >> l.a. is a huge school system, 600 square miles school system and to disrupt daily schedules of half a million schoolchildren, their parents, day care, buses based on anonymous email without consultation, if in fact consultation did not occur with law epforcement authorities i think it was, a significant overreaction, yes. deirdre: with me now is a former deputy assistant director of the fbi, danny coulson. you created and commanded the fbi hostage rescue team. you commanded four field divisions. when people say new york underreacted and l.a. overreacted, these are pretty tough calls to make, right? >> they're very tough calls. and as opposed to criticizing
the decision i think we should use this as a learning experience. it's really good to have protocols in place with regard to bomb threats. i have a lot of clients that are in the school business and commercial clients and everyone of those situations we have protocols that we know at the end of the day whether or not there is any unintended packages, any vehicles in the parking lot, anything like that. so when a administrator has to make a decision he can as assured that school has been looked at at end of the day. the things they're saying are there aren't there. the other part of the protocals, what is procedure for making a decision, who makes it. to make a decision like this without conferring with lapd or laso or fbi is ill-advised. maybe there should be training here. there is some issue who should make decision when this has much impact whether it should be the school superintendent or mayor of the city after proper consultation, i think it should
be a learning experience where people practice for these things as our clients do, so that the first time you're faced with it, you don't jump to the conclusion we have to send everybody home. there are consequences to this. probably tomorrow i can guarranty you dinner there will be a lot of bomb threats for kids that don't want to go to school or other whack-jobs that can see they can create chaos -- deirdre: danny, from i understand there was a child sent home from school today who ended up getting hit by a car. obviously not everything can be predicted or protected but point about unintended consequences is well-taken. >> right. deirdre: you think l.a. was just extra sensitive because they're still in shock, it is 45 minutes away from san bernardino and of course with that massacre still very fresh in people's mind? >> well, it is fresh in everybody's minds. it is fresh in my mind, every time i go to movie theater or shopping mall, i think about what are the consequences visit with my family.
more affect they didn't prepare for it. they didn't exercise this. these things happen. if you're prepared for it, the decision-making process become as lot easier. i'm not saying it was a bad decision. i'm saying in the future it is always a food exercise to plan for these things -- good exercise to plan for these things and go through protocols to give guidance. not easy to do these things without protocols or guidance. deirdre: danny coulson, joining us there, former deputy assistant director of the fbi. staying with security, 40% of the americans say that addressing it should be a top priority for leaders. that is up 19 points from when the question was asked in a similar poll in april. my political power panel is here. from "the national review," catherine tim. and democratic strategist chuck -- is with me. how will be on security and fight are terror in las vegas
and how much should be. >> most of it probably will be. that makes sense. makes sense why they should talk about it more now that there has been terror attack in paris and terror attack hire. that will have people think there might be more terror attacks. it is common sense. it is on my mind and on my mind sure more than it was in april. people saying national security, who will keep us safe especially because obama seemed a little more concerned, i don't know, pretty much everything else. deirdre: especially global warming which we'll talk about in a minute, but, chuck, when is your take on the partisan divide? according to this poll, 58% of the republican primary voters say national security, fighting terrorism is their top concern and you compare that with democratic primary voters who say 26% or 26% of the them say that fighting terrorism is their top issue? what do you make of that difference? >> well, this just in. there is a big difference between a democrat and being a republican. i think because of the
idealogical difference between the parties you're seeing them right now. the poll is really not surprising to me. all of us who worked in politics like i have for 20 years, when you see catastrophe like this happen you see sparks in the national security metrics of that poll. right now it is right on the forefront of tv every single day. so it's on people's minds in a time we're at war with isis but republicans in congress won't even pass a bill to say we are at war. people are frustrated. deirdre: now this poll, to your point, chuck, is coming out, it is first one to come out since the san bernardino massacre. and since donald trump's controversial comments on pausing immigration for muslims. so 50% of the poll respondents say that trump in their view is the best candidate to handle the fight against terrorism. here is trump commenting on that subject. >> i would bomb the [bleep] out of them. [cheers and applause] i want surveillance of certain
mosques, okay? if that's okay. i want surveillance. [cheering] you know what? we had it before and we'll have it again. you have to take out their families. when you get these terrorists you have to take out their families. they care about their lives, don't kid yourselves. they say they don't care about their lives. you have to take out their families. deirdre: so, chuck, i want to ask you for your take on donald trump's tough talk but almost more importantly, will he listen, if he is, let's say the nominee, to fbi, to cia or is there a worry that he already knows everything, or he thinks he does? >> donald trump is not tough. donald trump is just loud and on everybody's tv every single day. he doesn't stand for my values. he doesn't stand for the values of american people. he is just spewing sound points. when you ask him about his plan for anything, he talks about something being great. one thing he tapped into the general frustration not only with our government but with elected officials not standing with them. when you have that collective
perfect storm you see a donald trump emerge because people are sick and tired of being sick and tired. they're looking for outlet. just a shame they have this carnival barker being their outlet. deirdre: more on thinks frustration, chuck, to your point, that he is tapping. >> we have to find out who gave this guy $28,000, put it in his account. how many other $28,000 checks were made? are there thousands all over the country. when you say you're afraid, i think you should be afraid. you should be afraid of the other side, not my side. deirdre: so, kat, that is why most people think he is at the moment the most qualified to deal with terrorism. again if you're following the results of that poll, what is your take on the question i just asked chuck. that is to say, part of being a good leader is listening? >> right. well, you know, sometimes when you date somebody and you break up and go for the exact opposite of what the other guy was, i think that's kind of why anyone is taking trump seriously. in fact is so interested in him
because we have obama right now ho talks about terrorism talking about what he had for lunch. everybody is very frustrated with that. so only something that bad could give rise to someone like trump who says a lot of very inflammatory things, a lot of things that certainly don't agree with but it is because of what we have going on now that i think people are open to something like this because at least it is different. it is actually the opposite. deirdre: kat, to your point i think that is well-made. that is to say he couldn't exist if president obama were not the president right now. >> no. deirdre: here are more of his comments on terror. >> we had a lot of polls coming out today. and they were really good. [cheering] i expect to win iowa. we think we'll do great in iowa. [cheers and applause] i get, i get by far the biggest crowds. the bottom line, i think we're going to win iowa, i think we'll win new hampshire big.
south carolina has been unbelievable. and by the way, in nevada, in nevada we're winning big, big. big. [cheers and applause] we're winning in florida. we're winning everywhere. so i just want to let you know, this is not going to be a waste of anybody's time, believe me. deirdre: so, chuck, that is more on the political field. what do you make of his chances in iowa, specifically against senator cruz? >> you know i've worked in iowa for lots of different presidential races and spent a lot of time traveling around those 99 counties. one thing you can do in iowa, because such a small subset of voters who caucus on monday night in cold gymnasium in february, on the ground matters. and having organization matters. and i think that is why you see cruz doing so well, not to say that trump doesn't have organization on the ground because he does but one of the few, lasting places in america where on the ground organization
really matters, not just how many tv ads you can buy. this is playing into cruz's favor. deirdre: chuck rocha, thank you so much. kat tim glad to have you both here for that discussion. republican candidates, speaking if you like, duking it out in las vegas. safe a date for fox business hosting the first debate in the new year on thursday january 14th you will not want to miss that. senator rand paul made the cut in tonight's republican debate. his father three-time presidential candidate with me next with this reaction to this at act ad. -- attack ad. you can't breathed. through your nose. suddenly, you're a mouthbreather. well, just put on a breathe right strip which instantly
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rating is at the lowest level in a year. some say he is tackling issues that americans don't care about. >> next week i will be joining president hollande and world leaders in paris for the global climate conference. probably by next year we may even have fewer than 100 people at guantanamo. we also need to make it harder for people to buy powerful assault weapons. deirdre: former gop presidential candidate dr. ron paul is with me now. dr. paul, thank you for the time. the president -- >> thank you. deirdre: is struggling to reassure the public that he has the right approach to fighting terrorism, and by many measures is failing to do so. what is the most important step he can make now for the year ahead and what is the most important step to fight terrorism for the new president? >> i think the most important
step should, advice on that should be directed at both republicans and democrats because terrorism is a very serious problem. and many of us have been predicting and warning about this, but nobody asks about motives. every time there is murder in this country, what is the motive, what is the motive? nobody asks about the motive. the motive has to do with foreign policy. and if anybody cares and worried about terrorism, if they don't address subject of interventionist foreign policy where we invade foreign lands and kill a lot of people and throw our weight around and become the policemen of the world, you will never understand and never stop the terrorism. because what has been the response so far in these last few weeks? an incident happens. everybody can't wait. how many people they're going to bomb. not saying, well, maybe that will have a backfire to it. maybe there is blowback from this they never ask. nobody has asked. unless they do, believe me, there is going to be a lot more
terrorist attacks against us. deirdre: so, dr. paul, i want to ask you about something that your son obviously on this issue is debating in particular with senator marco rubio, this idea of price of fighting terrorism. that is to say, should we be concerned about the dollars spent or, are all dollars spent up front always fewer than the ones that are spent in defense of reaction? >> i think the whole idea of a military budget versus defense budget what they have to address. most people equate anything that is in the dod, the department of defense, is okay but most of the money is militarism. and that is a negative that drains the funds from here and that's why we have dwindling middle class and our economy is not booming because we put trillions of dollars into this foreign policy but if you have a defense expenditure, what you do is you spend less money but you
defend this country. and you doesn't waste it getting involved in syria, iraq, look at all we've done in syria and afghanistan. all we've done is push all these individuals over into the arms of the iranians. and we've been helpful in doing that and we're draining our resources. it isn't just a few billion or 100 billion. we're talking about several trillions of dollars that have been spent in the last 14 years, with a lot of american lives lost and also four million muslims have been killed that we just totally ignore. they don't exist. and it doesn't matter even though our foreign policy was a major contributing factor to the chaos in the middle east. deirdre: dr. paul, i like what you said about the distinction between military spending and defend spending. i'm not kidding, no candidate has spoken clearly enough about that. speaking of which, obviously your experience shines through. you ran for president three times. we want to play for people who have not seen it yet your son
went after ted cruz and marco rubio in this ad. >> we're welcomed into america by the federal
government, given public housing, and public assistance. as refugees. here they attempted to send heavy arms to al qaeda and plotted an attack on an army captain in america. and yet, some refused to learn from mistakes. >> we have welcomed refugees, the tired huddled masses for centuries. that has been history of the united states. we should continue to do so. >> we've always been a country willing to accept people who have been displaced. i would be open to that. >> but rand paul sounded the alarm. deirdre: this evening on the debate stage, obviously fighting terrorism and essentially addressing the refugee crisis is probably going to come up a lot. what is the best way for the u.s. to manage all the refugees who want to come here? >> well, you can't just say,
open borders, anybody come, because it is a tremendous financial subsidy. in the old days, many people came, they came on their own and paid a fee to come in and wept through a process. today if you take in 10,000 syrian refugees or anybody, there are more than syrian refugees. a lot are from african, from different countries there is a lot of money being spent. so no tax money should be spent subsidizing immigration and, migrants coming in. but you once again have to see how
did this problem come about? it came about because chaos in these areas. it's a consequence of wars that we have provoked and stimulated and perpetuate, and have been going on in the middle east for 14 years this is natural. this is why europe is being overrun. it will end because of the financial crisis on our
doorstep. the europeans can't afford it. we're not going to be able to afford it. our economy is not nearly as strong as wall street thinks it is. and we won't be able to afford this. leads to so much hostility and hatred. then you have people stirring the pot, that it is a religious thing. we have to turn on say, well, it's islam. we have a war against islam. well, i see it differently. i think that we should have war against violence and we should be honest with ourselves when we participate. now that we have this philosophy of preemptive war which was given to us by george bush, i think that is so dangerous, so immoral, so unconstitutional. so that as a president without proper authority can initiate war. that means we admit we're aggressors and nobody asks any questions about it. deirdre: dr. paul, please come back. we would like to hear more of your questions. we would like to continue the dialogue. dr. ron paul, joining us there. >> appreciate it.
deirdre: senator paul will be participating in the republican debate later this evening in las vegas. of course as a reminder, first debate of the new year, fox business, january 14th. that is a thursday evening. you will not want to miss it. former guantanamo prisoner now an al qaeda leader in kremen. president obama says this only happens to a handful of detainees. >> there was sort of aggressive, breathtaking dishonesty. the president might not know how many guantanamo detainees have been released but we do, 653. of which 196 have confirmed or suspected recidivist. that is not a handful that. is about 40 handful. get fast-acting, long-lasting relief from heartburn with it neutralizes stomach acid and is the only product
for fast-acting, long-lasting relief. whei just put in the namey, of my parents and my grandparents. and as soon as i did that, literally it was like you're getting 7, 9, 10, 15 leaves that are just popping up all over the place. yeah, it was amazing. just with a little bit of information, you can take leaps and bounds. it's an awesome experience. >> assume that they're going to be out of four or five, 600 people that get released, then a handful of them are going to be in bettered and still engaging in antiu.s.
activities. and trying to link up potentially with their old organizations. deirdre: that is president obama on his decision to release terrorist suspects from guatemala bay. fox news peter haze blasted the idea after one returned to yemen with work with al-qaeda. >> it was a breathtaking dishonesty. the president said really the united states has released low level individuals. again, unequivocally false. so what the president did there was lie about this and lie about it realtime. deirdre: with me now former bush advisor christian thank you for joining us. did the president prioritize guatemala bay over the security of the u.s.? >> this is a key part of liberal orthodox that we go back to the campaign frail, by
democrats and also the gentleman you just had on random, libertarian ron paul, his son running for president. it's a view that the united states is a key driver of jihaddism, that the troops in saudi arabia supposedly caused bin laden to do what he did and hold people in guatemala and if you step back and look at isis, at you look at paris, if you look at san bernardino, that had nothing to do with u.s. war on policy, it had everything to do with the jihadist philosophy but obama and people like the paul family don't seem to get that . deirdre: i don't know if it's not getting it or not wanting to put it into context that is to say we know how to fight it better, which is how i like to take those comments but your point is well taken on this end. i want to ask you to move around the globe to secretary of state of russia, just now
john kerry accepting his land stand that the syrian president, assad, his future be determined by his own people. >> the united states and our partners are not seeking so-called regime change as it is known in syria. what we have said is that we don't believe that assad himself has the ability to be able to lead the future syria, but we didn't -- you know, we focus today not on our differences about what can or can be done immediately about assad. we focused on a process. deirdre: so let me ask you something. this is about faith, there's no other way to say it this is changing the u.s.' policy. why? >> it's -- well, it's seriously under cutting his own president. his president was the one who said assad must go. he said it very early, even though node plan to push assad
said, a lot of people in washington just assumed assad was to collapse. why is kerry doing it? he's great atcapitulation, if you look at the iran deal, he gives and gives and gives and hopefully gets something in return. what is he getting from russia in returning to this? are they going to make sure that there is a sort of just and clear process of an election in syria where we're going to choose between what? assad and another ally? this will in sense our arab partners dislodge isis from syria if we want that to occur without an outright u.s. invasion. so it is unclear what kerry is doing other than giving away concessions and hoping for the best. deirdre: christian, what is the idea that, for example, during world war ii many had to side with stallen to getting hitler out. i have heard more or less comparisons made. >> yeah. and that was understandably, we cooperated
with one of the evil men on the planet to get rid of one of the other most evil men. what he has in syria now, what the russians have in syria is really the limit of their capability. when you take away the nukes from the equation with russia, they really don't have a great military, especially when it's not focused in eastern europe. if you have to put an army in the field, the russians really can't do that, they're going to do what they've done so far which is to deal with assad, we're making a deal with the devil, but we haven't got what if we got world war ii which came with a lot of downside of eastern europe but not getting any of the upside. deirdre: i hear what you're saying, christian, thank you so much. christian joining me there, former bush state department senior advisor. president obama is so long on his to link social media and connection to terror. barack obama: they're a bunch of killers with good social media. isil is going to continue to be a deadly organization because of its social media,
the resources that it has and the networks of experienced fighters that it possesses. they're thugs and killers. part of a cult of death. deirdre: my next guest says why wasn't this person's social media connection to terror explored? i have asthma... ...one of many pieces in my life. so when my asthma symptoms kept coming back on my long-term control medicine, i talked to my doctor and found a missing piece in my asthma treatment. once-daily breo prevents asthma symptoms. breo is for adults with asthma not well controlled
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the resources that it has and the networks of experienced fighters that it possesses. they're thugs and killers. part of a cult of death. deirdre: president obama clear on terrorist connections to social media. yet administration officials were not allowed to use social media as part of the screening process for the san bernardino shooters, especially the wife tashfeen malik, they feared backlash. republican senator candidate marco rubio made this comment earlier. >> this is not an issue of process, it's an issue of information and there's just not enough information about people coming from syria. what's inis there anythingable is that there's some information and we didn't use it because it's not politically correct. that's unacceptable in a time of war.
deirdre: chuck, the current administration choosing civil rights over safety? >> this is not a civil rights or civil liberties issue because we're not talking about people who are citizens of the united states. we're talking about people who could potentially pose a threat to the citizens of united states and yet we're not taking advantage of people who could use to vet them even when obama says this is a very useful tool. he admits that and yet they're not using it? this is absurd, it's irresponsible, it is definitely rooted in political correctness, i've always been an advocate -- deirdre: but syed farook was, in fact, a citizen, but i understand your point that his wife, who came here on the visa who was not properly screened as it now turns out was not. >> well, that's an entirely different issue. if you're talking about citizens, you're talking about united states and government spying, that's not even the same conversation. and the fact that that anybody would even dare to suggest
that it is as an excuse is suggesting. it's not an excuse, i would like to try to remember a real one one time, but i don't think we will. deirdre: now, just a few moments ago hillary clinton said we should be looking at social media before granting visas. >> united states has to take a close look at our visa programs, and i am glad the administration and congress are stepping up in wake of san bernardino. and that should include scrutinizing applicants social media postings. . deirdre: so on that note, chuck, shooter in the california massacre tashfeen malik posted aggressive social media on various sites two years before entering in the u.s. so it is clear we need to change our procedures; right? >> it is clear we need to change our procedures and also do everything we can to make sure all of our citizens are safe. but can't we go back to marco rubio for just a second? he said we are at war, but i will remind everybody, again,
the u.s. senate and the house is scared to pass a declaration of war. if we had that passed, it would give all new legal ramifications for people trying to come in ramifications who we are at war with. all these politicians like to talk about we are at war but when it comes down to putting their name on a document saying we are at war, it changes the ramifications a lot. when it comes to the policy itself of looking at facebook, that seems common sense, we need to evolve with the modern technologies, my nieces and nephews are always telling me the new things on social media, and i learn something new every day, and it would be nice if our government did the same. deirdre: there are fewer people who get hired without perspective bosses looking at the social media connections never mind entering into a new country. thank you very much. glad to have you. government watch dog judicial watch is suing the obama administration accusing the white house of hiding plans on how it will distribute the 10,000 refugees coming to the
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for a cleaner, fresher, brighter denture every day. deirdre: conservative foundation judicial watch is suing the obama administration over the president's plan to admit at least 10,000 syrian refugees to the u.s. the group claims the state department failed to respond to two freedom information act requests about the refugee program. judicial watch investigations director chris farrow is with me now. so, chris, welcome. what information does your group want most? >> in may and then again in september we asked a series of questions to the state department as far as plans, programs, locations, costs, all this sort of interrogatives that anybody would want to know about the resettlement of folks because it's two things.
number one of course the humanitarian crisis but secondly a very grave national security or terror question wrapped up in this and the american public deserves straight answers as to how exactly the administration plans on has come this. deirdre: okay. so what do you think the government when you say plans on handling this. >> well, we know the government will spend at least 1.5 billion -- with a b, for the resettlement of these refugees over the year. but what agencies are involved in processing and handling all of these folks? where are they going to go? what are the procedures if place for resettlement? who decides who goes where? and of course the huge question with respect to the screening of all of these refugees, the fbi director himself has said that they simply do not possess the databases, the information of
which to query who is coming into the country to verify identity, background, all those sorts of things. so if the government is getting engaged upon this quite ambitious process at the same time as there's terror attacks going on, public has a right to know exactly who's making decisions, what the plans are, and really what the -- how seriously -- deirdre: i hear what you're saying chris, too, about cost. >> right. deirdre: there are numerous programs that people here i'm sure benefit. you could make the argument that there are as many people here in this country who could use those benefits. >> they certainly could and also with respect to the state department and these voluntary agencies, many which are outside contractors. what's their role? what's their function? the public has the right to know this sort of stuff, and it shouldn't be a big mystery, and we shouldn't have to sue the government to compel them toanswer our questions. deirdre: that is a fair point
indeed, chris, thank you so much. joining us there from retail watch. retailers are pulling the hossest holiday toy. target just the recent to ban hover boards
over safety concerns but actually not because of fire. find out why after this (vo) rush hour around here starts at 6:30 a.m. - on the nose. but for me, it starts with the opening bell. and the rush i get, lasts way more than an hour.
hgoogle voice response:t inachim sigsa. how long does milk last? google voice; one week after the sell-by date. how much vitamin c is... is in an orange? set timer for twelve minutes. google voice: ok, twelve minutes. where can we find donuts around here? coffee? what about crepes? how about a bagel? what is the most important meal of the day? google voice: breakfast is the most important meal of the day. . deirdre: target is the third major retailer to post hover boards from the shelves. a series of fires raised safety concern and target wants hoverboard makers to prove they meet battery and charger safety standards. jamie and jonas with me now. so, jonas, first and foremost, how much does this hurt whether it's amazon or target or any of the companies any of their stocks?
>> okay. they would have long ago pulled these away for good if there was going to be any impact on the stock and that might still happen. but right now a handful of sensational fires versus hundreds of thousands of high ticket items in holiday season doesn't even compare. it's like fight club without lawyers -- well, that's an acceptable risk. somebody could sue anywhere along the distribution channel, it could be amazon, ebay, it could be the makers in china, it could be any of these dozen companies that make these things but the bottom line is the reward exceeds the risk legally. deirdre: okay. the reward exceeds the risk. jamie, what is your take? it seems as if the manufacturers gave this proof of safety that the retailers would be more likely to stock their shelves again with hov boards. what is your take on this? >> i don't know i think when you have a product -- when you release one, you want it to catch fire, you don't want it to catch on fire but i think the retailers have, you know, a product that they really want on the shelves, and they
want to sell it. so i think it will come back. the airline, i think the airline situation is the most problematic in my view where the airlines don't want these things on the pipelines because they don't trust the batteries. and if you think about this with the segue and the raiser, it's about the price point and the battery being the cheaper battery whereas the upper price point models don't have this. but most orthopedic surgeons are saying people can't use these because they're terribly dangerous, but people fall and hurt themselves a lot more. deirdre: to your point, jamie, honestly if you can't fly with them, anybody who's traveling for the holidays is not going to buy this as a gift. >> yeah. deirdre: on the sidewalks in new york city as well. so, jonas, i heard you say tons of gadgets out this year, as far as the stocks that you like based on this holiday season, which are they? we know a lot of these retailers it's more than 50%
of their revenue take for an annual year. >> looking at the raiser scooter is for sale at target, this is just one brand that has to prove, you can still buy competitors online at many of these stores, that said, i like amazon as a company, i do think the stock been ahead of itself for many years, so i wouldn't recommend that company, but they are doing so much damage to other retailers that i can't safely recommend with cheaper stock like walmart either because they're losing to the too expensive to buy amazon but still a bad situation for walmart. deirdre: all right. thank you both. jonas, jamie cox wishing you safe holidays. well, we are on september rate hike watch. the fed after many years of near zero interest rates going to make a decision tomorrow, our own gerri willis will be here to calm your nerves and tell you how that move could affect you after this technology empowers us to achieve more.
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to be dealing with social security. americans work hard and pay into it, so our next president needs a real plan to keep it strong. (elephant noise) (donkey noise) hey candidates! answer the call already. therthat can be serious,ere. even fatal to infants. it's whooping cough, and people can spread it without knowing it. understand the danger your new grandchild faces.
talk to your doctor or pharmacist about a whooping cough vaccination today. dierdre: the fed has already begun its two-day policy meeting deciding whether to raise interest rates. >> the fed has kept interest rates the near zero since 2008 to help get us out of the financial crisis. but we expect the fed to raise them by a quarter point. the short-term rate. because this hike has been
telegraphed for so long, the more important news tomorrow more likely will be how long the fed plans to keep raising the interest rate. they will base it on economic data, not mechanically like it did. so look for the fed to emphasize tomorrow it will raise rates gradually and give us so-called forward guidance. dierdre: for what that move means for consumers, gerri willis is right beside me. this does affect all kinds of borrowing. gerri: if you are a borrower you will get stung. quarter point basis rate.
if you have a home equity line of credit, adjustable rate mortgages will go up. the interest rate on credit cards. and you roll over your balance each and every month. bad news for borrowers and you would think that savers would get a break. but the read at is no. not according to bank rate.com, they do not expect those rates to punch higher. especially the seniors waiting for you some kind of break in the marketplace, not happening. the other thing that is expected to move. mort gaining rates have already taken on the increase. so bad news for borrowers. savers aren't getting that much of a break.
>> we'll see what the fed does. probably baked in for most people. please be sure to join all of us tomorrow, big fed day coverage. we have all the angles you need to know. we'll be starting at 1:00 p.m. eastern time. thank you for joining us on risk and reward, "making money" with charles payne tarts right now. charles: to be rebound in front of the first fed hike in more than a decade. trump has the swagger of an undefeated heavyweight champ. angela merkel throws in the towel on refugees and multi-culturalism. the los angeles school district closing all schools today in the face